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R495,000

Monthly Bond Repayment R4,859.13
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Levy
R1,350
Monthly Rates
R399

Small but loads to offer with stunning sea views.

An excellent investment, this little studio apartment offers a large balcony with stunning sea views and a built in braai. It is a 4 sleeper with a bathroom and a fully equipped kitchen. For the hot summer days there is an aircon and it comes fully furnish. The complex offers under cover parking, a large swimming pool with braai facilities, table tennis, dart board, kids play ground and an added bonus, its walking distance to the beach and a super spar. This cutie can secure a good holiday letting income and at this price …. Why not!

Margate is an excellent holiday destination if you do like sea, sun and sand you only a few steps away from Margate main swimming beach, and Margate pier for those who like fishing, If you don’t feel like swimming you can pay a visit to Oribi Gorge were you can do the Wild 5 Adventures, Zip Slide, Bungee Jumping and much more, don’t forget to pay a visit to Pure Venom, The Butterfly Farm, Mac Bananas, Margate Art Museum, The Beaver creek Coffee Estate for the coffee junkies and those who are a bit more reckless there is the Shark Diving and what is a visit at the South Coast if you don’t have a waffle at the popular Waffle House

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
52m²
Land Size
3,712m²

Margate, Margate

Margate is a bustling holiday town on the KwaZulu-Natal south coast. Real estate and property investors can choose from houses, villas, apartments, townhouses, cluster developments, security villages, retirement complexes, guesthouses and vacant land. Although is essentially a holiday town, it is occupied virtually year round. St Michaels beach is a surfers paradise and there is a charming 9-hole golf course,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
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Monthly Payment

4,859.13

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